Yekaterinburg Existing Home Prices Up 4.1%

22 March 2018 (09:22)

UrBC, Yekaterinburg, March 22, 2018. The average asking price currently comes to RUR 68,040 per m2 on Yekaterinburg existing homes market; this is 0.4% more than four weeks previously and 1% more than one year earlier, Ural Real Estate Chamber’s Analytical Department reports.

Prices have been going up a little in all locations. For one, housing prices rose by as much as 4.1% in downtown Yekaterinburg in the course of four weeks, with asking price currently at RUR 98,333 per m2. As for existing homes in Yekaterinburg’s second and third most expensive locations just outside the centrally located areas, prices rose by 0.2% and currently come to RUR 73,165 and RUR 61,684 per m2, respectively. Also, apartments in the city’s second cheapest locations closer to the outskirts grew 0.5% more expensive, with the asking price at RUR 56,542 per m2. Housing prices in the city’s remotest (and least expensive) locations on the outskirts rose by 1.2%, up to RUR 48,663 per m2.

Broken down by housing types, existing home prices went up most noticeably for apartments in buildings dating back to the sixties (up 0.8%, RUR 60,009 per m2 on average) and for those in buildings dating back to the eighties (up 0.7%, RUR 59,075 per m2). Homes in apartment buildings from the Stalin era can now be had for RUR 57,780 per m2.

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